Send a Tweet
Most Popular Choices
Poll Analyses
Share on Facebook 3 Share on Twitter Printer Friendly Page More Sharing
OpEdNews Op Eds   

Contagion Affects Europe

By       (Page 1 of 8 pages) (View How Many People Read This)   2 comments
Author 194
Message Stephen Lendman
Become a Fan
  (192 fans)

This piece was reprinted by OpEdNews with permission or license. It may not be reproduced in any form without permission or license from the source.

Contagion Affects Europe


Deepening European crisis.

by Stephen Lendman

Europe keeps sinking deeper into financial crisis. Eurozone straightjacket rules force 17 dissimilar countries to live by one size fits all diktats. Flawed planning preordained eventual disaster.

Monthly more systemic cracks emerge. Money creation alone prevents collapse. That game only works for so long. 

An unstoppable slow motion train wreck promises to be ugly on impact. Too much damage was done to undo it. When it's coming who can know. Only Cassandra was good at forecasting. Her specialty, however, wasn't calling economic peaks and troughs.

Greece is most troubled. Conditions there go from bad to worse. Insolvency approaches in weeks without more cash. The more it gets, the greater amounts needed.

The Eurozone experiment is in crisis. Bailouts and fixes don't work. Grexit is inevitable. Economist Nouriel Roubini says leaving in an orderly fashion buys time but nothing else.

Next Page  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

 

Must Read 1   Well Said 1   Supported 1  
Rate It | View Ratings

Stephen Lendman Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

VISIT MY WEBSITE: stephenlendman.org. Stephen Lendman was born in 1934 in Boston, MA. In 1956, he received a BA from Harvard University. Two years of US Army service followed, then an MBA from the Wharton School at the University (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

The McCain-Lieberman Police State Act

Daniel Estulin's "True Story of the Bilderberg Group" and What They May Be Planning Now

Continuity of Government: Coup d'Etat Authority in America

America Facing Depression and Bankruptcy

Lies, Damn Lies and the Murdoch Empire

Mandatory Swine Flu Vaccine Alert

To View Comments or Join the Conversation: